Yes, President Trump Really can Boost Bank ETFs
March 09, 2017 at 12:30 PM EST
The Financial Select Sector SPDR (NYSEArca: XLF), the largest financial services exchange traded fund, is up 6.3% year-to-date, bringing its one-year gain to almost 40%. As has been widely noted, politics are playing a part in lifting the financial services sector, the second-largest sector weight...